Scrap Catalytic Converters

Knowing how to Buy and Sell can be the difference between breaking the bank or making bank.

Many dismantlers are asking themselves, “Now that I have the Converters, what is the most profitable way to sell them?”

By the Unit?

For a very long time Dismantlers, wrecking yards, muffler shops, collectors, traders and many others have sold their Scrap Catalytic Converters in different ways. One way is to sell is by what is known as “Selling by Category”. This is a practice of grouping Converters by grade or perceived value. This can work out well for buyers when they position higher value units into “so called” lower grades. On the other hand, this can be a loss of revenue for sellers that are not well trained in the “Categories”. These “Categories” seem to change very often to the disadvantage of the seller.

By the Code?

Many buyers and sellers are getting tired of losing money over the “shell game” of “Categories”. So, lately there has been a strong push to use “Codes” in the buying and selling of Scrap Catalytic Converters. A lot of Catalytic Converters have “Codes” (or serial numbers) on them for identification purposes. Refineries and Smelters involved in the recycling process have created pricing guidelines from the actual assay of the individual units. Sellers like the “Codes” for selling because a value can be attained on a level playing field. This means “No games” on pricing. Many buyers on the other hand do not like it because those with the “Codes” can pay a higher rate due to the fact that they know a more accurate value of the unit. Those without the “Codes” are still stuck buying by “Categories” and find it more difficult to compete on price. Fortunately for you, we have the “Codes”. You should call us today.

By recycling the Catalyst?

By far, the most profitable way to sell your Scrap Catalytic Converters is to Recycle them. Why? By recycling, the Catalytic Converters go directly from dismantlers or wrecking yards to the smelter. This bypasses about five different individuals that all want a piece of the pie as it is sold and bought and sold on down the line, eventually getting to the Smelter. By sending the units directly to the smelter you get a return much closer to the real value of the units without many people taking their little chunk of money. Also, identification of the units becomes unnecessary because the units are what they are, and no matter what they are, the recycling process takes place and the true value is determined at assay. So what are the problems? Why doesn’t everyone just recycle? Well, sometimes the quantities required by the smelters are too large for some yards, shops or collectors. Another problem can be cash flow. When sending in units to be recycled, full payment may not occur for over 30 to 45 days. Smaller companies may not be able to wait that long for their money. Fortunately, we have solutions for all of these issues. You should call us today.